The largest firms in the US are failing to align their executive compensation with company performance, according to new research from CGLytics, which finds an ‘arbitrary’ approach being taken to executive pay among S&P 500 companies.

CGLytics’ second annual S&P 500 report, titled ‘Do 2020 trends foretell the future?’ questions whether the pay cuts announced by companies in the grip of the ongoing Covid-19 pandemic were a ‘facade’, with an average cut of just 6 percent on CEO pay for the financial year 2019. READ MORE